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Sold
  • $175,000

    2409-11 S Lockburn St, Indianapolis, IN 46241

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1940
    -- sqft lot
    $189,400 Zestimate®
    $--/sqft
    $1,331 Estimated rent

    Home value

    $189,400

    $174,000 - $206,000

    $1,331/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,331/mo

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    $1,331/mo

    Rent Zestimate®

    Refinance and save

    $1,146/mo

    Est. payment

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    $1,146/mo

    Est. payment

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    What's special

    Property to be sold AS-IS. Fully occupied & Cash Flowing Duplex available in the Mars Hill area of Indianapolis. Both sides have 2 bedrooms, & 1 bathroom with 1092sf living space and an unfinished basement. Units are renting for $1050/mo and $1100/mo with leases until Feb and March 2025. Tenants pay utilities. 2 car split garage behind the property gives each tenant one garage spot as well as ample street parking. Recent upgrades include appliances, kitchen cabinets (in one unit), new carpet & paint, new furnace, & replaced sewer line. Property still needs some repairs, and is in great condition for it's age. Perfect 1% rule rental that should qualify easily for a conventional or DSCR financing. Perfect addition to add 2 rental units to your investment portfolio to grow your cash flow and wealth!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kevin Hudoba 317-647-5559,

    Keller Williams Indpls Metro N

    Bought with:

    Kevin Hudoba

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 21984458MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Main level bathrooms: 4
    Appliances
    • Laundry: Connections All
    Features
    • Basement: Ceiling - 9+ feet,Unfinished

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(2 Car Garage, On Street)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 491120118260000900
    • Zoning: residential
    • Special conditions: As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/11/2024Sold$175,000-2.7%
    Source: MIBOR as distributed by MLS GRID #21984458 Report a problem
    8/30/2024Pending sale$179,900
    Source: MIBOR as distributed by MLS GRID #21984458 Report a problem
    8/23/2024Price change$179,900-5.3%
    Source: MIBOR as distributed by MLS GRID #21984458 Report a problem
    7/10/2024Price change$189,900-5.1%
    Source: MIBOR as distributed by MLS GRID #21984458 Report a problem
    6/12/2024Listed for sale$200,000
    Source: MIBOR as distributed by MLS GRID #21984458 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mars Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $189,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $189,400